Michael Bloomberg drops out of US presidential election
Michael Bloomberg has spent more than half a billion dollars in the race to become the Democratic Party's nominee
FILE PHOTO: Democratic US presidential candidate Michael Bloomberg speaks at a campaign event in Oakland, California, US, January 17, 2020. REUTERS/Peter Henderson/File Photo
Democratic Party nomination hopeful and former mayor of New York City Michael Bloomberg has dropped out of the US election.
"Three months ago, I entered the race for president to defeat Donald Trump. Today, I am leaving the race for the same reason," he said, reports the BBC.
Michael Bloomberg has spent more than half a billion dollars in the race to become the Democratic Party's nominee.
Keep updated, follow The Business Standard's Google news channel
He said he would now support former Vice-President Joe Biden.
